Geometry Dash APK Hill Climb Racing APK
62.2 F
New York
Thursday, October 21, 2021

Artificial Intelligence Technology Solutions (OTCMKTS: AITX) Moves Up Quickly On Solid Volume

Must read

Victory Resources Corporation (OTCMKTS:VRCFF) Stock Rockets After Announcing A New Acquisition

Nowadays, lithium is in huge demand across several industries and hence, it the rally in the Victory Resources Corporation (OTCMKTS:VRCFF) stock the...

Healthier Choices Management Corp (OTCMKTS:HCMC) Heats Up: WallStreetBets at it Again

At the mid-point of the trading week, it is often prundent for investors to take stock of the market and take a...

Is Enzolytics Inc (OTCMKTS:ENZC) Making All The Right Moves in 2021

When a stock makes massive gains over a reasonable period of time, then it is necessary for investors to perhaps looking into...

Tesoro Enterprises, Inc. (OTCMKTS:TSNP) Hitting on All Cylinders

Last year it was announced that Tesoro Enterprises, Inc. (OTCMKTS:TSNP) was going to be merged with fintech company HUMBL INC and since...

The artificial intelligence industry has grown at a remarkable pace over the past half a decade or so and over the coming years, it is expected to grow at an even more accelerated rate.

One of the artificial intelligence companies to have been in sharp focus among investors in recent times is that of Artificial Intelligence Technology Solutions (OTCMKTS: AITX) Inc.

Over the course of the past month or so, Artificial Intelligence Technology Solutions (OTCMKTS: AITX) has rallied strongly and has gained as much as 500% during the period.

Major Developments

Considering the sheer magnitude of the gains made by the AITX stock, it could be a good idea for investors to take a closer look at the company.

One of the major developments took place last week when AITX made a major announcement with regards to a deal signed by its fully owned subsidiary Robotic Assistance Device (RAD).

It was announced last week that RAD signed an opening purchase agreement with Romanian security company Civitas PSG. It is a significant development since Civitas is one of the biggest companies in the industry in Romania and its decision to use devices from RAD can only be a strong stepping stone for AITX.

The Chief Executive Officer of Civitas Rene Pasculescu stated that demonstrations have been conducted with regards to the devices and significant interest has been generated.

In addition to that, he went on to state that following the enthusiastic response to the RAD devices, he believes that more orders are going to follow from Civitas.

This transaction is particularly important for RAD since it not only gives the company a way into the Romanian market but could well be the perfect way of entering the wider European Union market. It is one of the most lucrative markets in the world and if RAD can make a strong move into it, it can only be a long-term positive for AITX.

Disclaimer: We hold no shares in AITX stock.

Latest article

88 Energy Ltd (OTCMKTS:EEENF) Stock Surges 40% But Can’t Hold Gains

The oil and gas company 88 Energy Ltd (OTCMKTS:EEENF) seems to have come back on to the radars of investors over the...

Net Savings Link Inc (OTCMKTS:NSAV) Stock is Getting Pummeled Again

Nowadays there are plenty of options for investors when it comes to making investments in the cryptocurrency and...

Net Savings Link Inc (OTCMKTS:NSAV) Goes Parabolic Ahead of Important Event

As far as cryptocurrency and blockchain companies are concerned, there are many options nowadays for investors to explore.

Dark Pulse Inc (OTCMKTS:DPLS) Stock Moves in a Range After The Big Rally

The laser sensing system company Dark Pulse Inc (OTCMKTS:DPLS) has emerged as one of the major gainers over the course of the...

Halberd Corporation (OTCMKTS:HALB) Stock Doubles After ‘Proof of Concept’ News

Investors are always on the lookout for stocks which managed to record handsome gains over a short of period of time and...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service